Jan
2009
Articles from 29th Jan 2009
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Eaga profits keep growing in the crunch
Jan 29 2009 | Business News
ENERGY efficiency specialist Eaga has posted sales up 10% to £339.4m in the six months to November 30. Read
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Rival goes under
Jan 29 2009 | Business News
ADDED urgency was given to a European probe into US biodiesel subsidies this week with news that one of the few remaining biodiesel plants in the UK had entered administration. Read
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Brakes slammed on renewable fuel targets
Jan 29 2009 | Business News
BIOFUELS chiefs in the Tees Valley say the Government’s decision to slam the brakes on the UK’s renewable fuel targets is a “missed opportunity” for the region’s green economy. Read
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A LOCAL MP claims Teesside has a chance of salvaging work from the Seadragon project after a “factual, hard-headed” meeting with Business Secretary Peter Mandelson yesterday.
Jan 29 2009 | Business News
Stockton MPs Frank Cook and Dari Taylor are lobbying Government to help prevent the collapse of the scheme to make giant drilling rigs at Haverton Hill shipyard. Read
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Hit by drop in car sales
Jan 29 2009 | Business News
CHEMICAL company Johnson Matthey, which employs more than 600 staff on Teesside, has warned it is likely to miss its previously issued full-year targets. Read
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Corus deal confirmed
Jan 29 2009 | Business News
STEELMAKER Corus has confirmed that it is to sell its Redcar plant to an Italian-led partnership made up of two of Teesside Cast Products’ (TCP) five key customers. Read
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Zavvi closes its Newcastle store
Jan 29 2009 | Business News
The central Newcastle branch of music and DVD retailer Zavvi has shut down today with the loss of 31 jobs as as administrators Ernst & Young closes a further 15 outlets nationwide. Read
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Strike ballot for northern railworkers
Jan 29 2009 | Business News
More than 2,000 rail workers are to be balloted for strike action over a ``comprehensive breakdown" in industrial relations. Read
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Fresh fears for motor industry jobs
Jan 29 2009 | Business News
MINISTERS were yesterday given a stark warning that tens of thousands of car workers' jobs could be lost without more Government help for the industry. Read
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UK slump 'will be worst of all'
Jan 29 2009 | Business News
WORLD economists predicted last night that the UK would be hit harder than any other developed nation by the worst recession in more than 60 years. Read
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Sign of the times for traditional craftsmen
Jan 29 2009 | Business News
IT may be a dying art but it is still managing to survive in the fast-paced modern world of slick machines and materials. Read
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Former brewery given a four-star future
Jan 29 2009 | Business News
THE former home of Scottish & Newcastle breweries is to be turned into a four-star hotel after a Canadian company bought the striking 13-storey block. Read
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'Pre-pack' administration deal secures 115 haulage firm jobs
Jan 29 2009 | Business News
AROUND 115 jobs have been secured after managers of a Teesside haulage company bought the business out of administration. Read
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Hargreaves on course to make record £28m profit
Jan 29 2009 | Business News
FAST-GROWING energy services company Hargreaves Services is on course to hit a record profits of £28m and see revenues soar nearly a third to £600m. Read
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Tanfield refuse collector is a first
Jan 29 2009 | Business News
ENVIRONMENTALLY friendly vehicles firm Tanfield has launched the world’s first electronic refuse collection van to be powered by the rubbish it collects. Read
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Investment will aid region's speedy recovery
Jan 29 2009 | Business News
IN the last year almost £19m has been handed to 84 North East companies to fuel growth and this on-going investment in key businesses will leave the region well-placed to come speedily out of this recession. Read
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Wildcat strike over Italian workers
Jan 29 2009 | Business News
HUNDREDS of workers at one of the country’s biggest oil refineries staged an unofficial strike yesterday in a row over employing overseas staff. Read
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Insurer suffers big fall in sales amid turmoil
Jan 29 2009 | Business News
LIFE and pensions group Standard Life revealed the impact of the financial crisis as it reported double-digit sales declines in the months after last autumn’s market turmoil. Read
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VT quits building of ships
Jan 29 2009 | Business News
VT Group has signalled the end of its 150-year link with the shipbuilding industry by confirming plans to sell its naval interests to joint venture partner BAE Systems. Read
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90 jobs go as Medifiq shuts its factory
Jan 29 2009 | Business News
ALMOST 90 jobs will be lost when a Finnish pharmaceutical company closes its North East factory over the next three months. Read
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Petards is moving into profit after tough years
Jan 29 2009 | Business News
A NORTH East-based plc says it has secured its future after a difficult few years in which its shares were suspended and it made a loss. Read
